Speed Commerce Inc
Speed Commerce, Inc. provides ecommerce and fulfillment services to retailers and manufacturers in the United States and Canada. It offers ecommerce customer service solutions; fulfilment and warehousing solutions that include long term storage, ecommerce order fulfilment, freight management, and omnichannel fulfilment; and customer and client solutions. The company was formerly known as Navarre … Read more
Speed Commerce Inc (SPDC) - Net Assets
Latest net assets as of December 2015: $-86.69 Million USD
Based on the latest financial reports, Speed Commerce Inc (SPDC) has net assets worth $-86.69 Million USD as of December 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($75.05 Million) and total liabilities ($161.74 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-86.69 Million |
| % of Total Assets | -115.52% |
| Annual Growth Rate | -0.75% |
| 5-Year Change | -92.3% |
| 10-Year Change | -93.66% |
| Growth Volatility | 111.47 |
Speed Commerce Inc - Net Assets Trend (1994–2015)
This chart illustrates how Speed Commerce Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Speed Commerce Inc (1994–2015)
The table below shows the annual net assets of Speed Commerce Inc from 1994 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-03-31 | $5.64 Million | -89.03% |
| 2014-03-31 | $51.40 Million | -4.26% |
| 2013-03-31 | $53.68 Million | +34.83% |
| 2012-03-31 | $39.82 Million | -45.60% |
| 2011-03-31 | $73.19 Million | +20.45% |
| 2010-03-31 | $60.76 Million | +64.19% |
| 2009-03-31 | $37.01 Million | -70.25% |
| 2008-03-31 | $124.41 Million | +9.66% |
| 2007-03-31 | $113.45 Million | +27.61% |
| 2006-03-31 | $88.91 Million | +10.16% |
| 2005-03-31 | $80.71 Million | +45.24% |
| 2004-03-31 | $55.57 Million | +93.81% |
| 2003-03-31 | $28.67 Million | +17.75% |
| 2002-03-31 | $24.35 Million | +0.04% |
| 2001-03-31 | $24.34 Million | -41.24% |
| 2000-03-31 | $41.42 Million | +64.38% |
| 1999-03-31 | $25.20 Million | +486.05% |
| 1998-03-31 | $4.30 Million | -15.69% |
| 1997-03-31 | $5.10 Million | -46.88% |
| 1996-03-31 | $9.60 Million | +17.07% |
| 1995-03-31 | $8.20 Million | +24.24% |
| 1994-03-31 | $6.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Speed Commerce Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 31351.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $215.87K | 3.83% |
| Other Comprehensive Income | $6.00K | 0.11% |
| Other Components | $224.17 Million | 3977.54% |
| Total Equity | $5.64 Million | 100.00% |
Speed Commerce Inc Competitors by Market Cap
The table below lists competitors of Speed Commerce Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Islet Holdings Inc
PINK:ISHI
|
$0.95 |
|
GD Entertainment & Technology Inc
PINK:GDET
|
$0.95 |
|
Medical Cannabis Pay
PINK:REFG
|
$0.95 |
|
Autoco.com Inc
PINK:AOOO
|
$0.95 |
|
American Metal & Technology Inc
PINK:AMGY
|
$0.95 |
|
Eagle Ford Oil & Gas Corp
PINK:ECCE
|
$0.95 |
|
Absolute Health and Fitness Inc
PINK:AHFI
|
$0.95 |
|
Zahav Inc
OTCGREY:ZAHA
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Speed Commerce Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 51,395,000 to 5,636,000, a change of -45,759,000 (-89.0%).
- Net loss of 42,845,000 reduced equity.
- Share repurchases of 9,928,000 reduced equity.
- Other comprehensive income decreased equity by 769,000.
- Other factors increased equity by 7,783,000.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-42.84 Million | -760.2% |
| Share Repurchases | $9.93 Million | -176.15% |
| Other Comprehensive Income | $-769.00K | -13.64% |
| Other Changes | $7.78 Million | +138.09% |
| Total Change | $- | -89.03% |
Book Value vs Market Value Analysis
This analysis compares Speed Commerce Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-03-31 | $21.12 | $0.00 | x |
| 1995-03-31 | $21.32 | $0.00 | x |
| 1996-03-31 | $23.63 | $0.00 | x |
| 1997-03-31 | $11.79 | $0.00 | x |
| 1998-03-31 | $9.94 | $0.00 | x |
| 1999-03-31 | $28.44 | $0.00 | x |
| 2000-03-31 | $28.22 | $0.00 | x |
| 2001-03-31 | $15.41 | $0.00 | x |
| 2002-03-31 | $17.26 | $0.00 | x |
| 2003-03-31 | $21.00 | $0.00 | x |
| 2004-03-31 | $36.87 | $0.00 | x |
| 2005-03-31 | $44.86 | $0.00 | x |
| 2006-03-31 | $47.58 | $0.00 | x |
| 2007-03-31 | $50.11 | $0.00 | x |
| 2008-03-31 | $54.88 | $0.00 | x |
| 2009-03-31 | $16.35 | $0.00 | x |
| 2010-03-31 | $26.53 | $0.00 | x |
| 2011-03-31 | $31.69 | $0.00 | x |
| 2012-03-31 | $17.28 | $0.00 | x |
| 2013-03-31 | $19.73 | $0.00 | x |
| 2014-03-31 | $13.53 | $0.00 | x |
| 2015-03-31 | $1.38 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Speed Commerce Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -760.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.70%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 28.08x
- Recent ROE (-760.20%) is below the historical average (-58.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -6.06% | -2.60% | 0.64x | 3.65x | $-1.06 Million |
| 1995 | 19.51% | 1.34% | 2.61x | 5.57x | $780.00K |
| 1996 | 13.54% | 0.82% | 2.64x | 6.26x | $340.00K |
| 1997 | -121.57% | -3.09% | 2.56x | 15.37x | $-6.71 Million |
| 1998 | -23.26% | -0.51% | 2.35x | 19.47x | $-1.43 Million |
| 1999 | -109.92% | -13.17% | 2.65x | 3.15x | $-30.22 Million |
| 2000 | -18.79% | -2.73% | 2.60x | 2.65x | $-11.93 Million |
| 2001 | -44.88% | -3.48% | 3.35x | 3.86x | $-13.36 Million |
| 2002 | 11.14% | 0.89% | 3.75x | 3.33x | $277.00K |
| 2003 | 15.07% | 1.20% | 3.55x | 3.53x | $1.45 Million |
| 2004 | 16.01% | 1.87% | 3.23x | 2.64x | $3.34 Million |
| 2005 | 15.55% | 2.10% | 3.01x | 2.45x | $4.48 Million |
| 2006 | -3.57% | -0.46% | 2.22x | 3.48x | $-12.07 Million |
| 2007 | 3.58% | 0.58% | 2.42x | 2.54x | $-7.29 Million |
| 2008 | 7.76% | 1.47% | 2.32x | 2.28x | $-2.78 Million |
| 2009 | -238.97% | -14.02% | 3.44x | 4.95x | $-92.13 Million |
| 2010 | 37.64% | 4.33% | 3.08x | 2.82x | $16.80 Million |
| 2011 | 15.28% | 2.28% | 2.82x | 2.38x | $3.86 Million |
| 2012 | -86.15% | -7.13% | 3.96x | 3.05x | $-38.28 Million |
| 2013 | -21.98% | -2.43% | 2.47x | 3.66x | $-17.17 Million |
| 2014 | -15.31% | -7.35% | 0.53x | 3.94x | $-13.01 Million |
| 2015 | -760.20% | -35.70% | 0.76x | 28.08x | $-43.41 Million |
Industry Comparison
This section compares Speed Commerce Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Speed Commerce Inc (SPDC) | $-86.69 Million | -6.06% | N/A | $0.95 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |